GT
Long

Pennant Breakout Long- $YOD

GT  
NASDAQ:YOD   YOU ON DEMAND HLDGS INC
This is a pennant long that came up on our scan last week when it was only a flag pole. It has been on my watch list since then and I am now fairly confident in the risk/reward to publish. I am using both an aggressive target and aggressive entry. In order to do so I have increased my risk exposure. Not for the faint of heart.

Entry: 2.98
Stop: 2.70-9.3%
Target: 4.37-46%
Risk/Reward: 1/4.95

Related Ideas

Closed this out @ 3.90. 30% profit
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So far this is going perfectly. Up almost 20% already.
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